Legendary Music Franchise Returns with New Features, New Music and
All-New Music Game Controller Hardware

SAN DIEGO — (BUSINESS WIRE) — March 5, 2015 —
Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT/TSX: MCZ) announced
today an agreement with Harmonix Music Systems™, Inc.
(“Harmonix”) to launch Rock Band 4, the next generation of
the award-winning social and interactive music-gaming platform, later
this year for the PlayStation 4 computer entertainment system and Xbox
One, the all-in-one games and entertainment system from Microsoft.

Mad Catz will develop and manufacture a new generation of wireless Rock
Band 4 music game controllers. The launch products include:

Band-in-a-Box Bundle, which includes the Rock Band 4
game, a Wireless Fender™ Stratocaster™ Guitar
Controller, a Wireless Drum Kit Controller and a Microphone.

Guitar Bundle, which includes the Rock Band 4 game and a
Wireless Fender Stratocaster Guitar Controller.

To celebrate the announcement of Rock Band 4, Harmonix are
offering a special edition, Wireless Stratocaster Guitar Controller,
featuring custom artwork of “Gabe” from the immensely popular Penny
Arcade webcomic. This limited-edition collectible is only available for
on-site pre-orders at the Harmonix booth during the PAX East video game
festival.

“We are very excited to bring the band back together, and re-team with
Harmonix to deliver the next installment of the legendary Rock Band™
franchise to a new generation of consoles,” said Darren
Richardson, President and Chief Executive Officer of Mad Catz. “Harmonix
understands music gaming better than anyone, and we are confident that
the unrivalled music selection and next generation features will prove
incredibly enticing to passionate gamers and music fans alike.”

Daniel Sussman, Product Manager for Harmonix commented, “The creative
energy and excitement at the studio right now is at an all-time high.
We’re thrilled to have Mad Catz as an important partner as we move the
franchise to a new generation of consoles, and we can’t wait to show our
fans how we’re evolving the gameplay they love.”

Rock Band 4 brings the critically-acclaimed franchise to a
new generation of consoles, focusing on the features and gameplay that
people love, and expanding the franchise in innovative ways informed by
how fans play and what they want. In addition to a killer on-disc
soundtrack, Rock Band 4 will support the over 2000 tracks
released since the 2007 debut of the original Rock Band,
accounting for more than 500 of rock music’s most legendary artists.

In addition, players who have purchased or downloaded music on
last-generation consoles will be able to download and play those tracks
on their new platforms at no additional charge*. Hundreds of tracks will
be available at launch, with more back catalog music – and new tracks –
added regularly after launch.

* The timing of release of “legacy” DLC on next-generation consoles is
to be determined and may be subject to change. “Legacy” DLC will be
downloadable and playable in Rock Band 4 only after the DLC is released
on next-generation consoles.

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